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Another blende from market

17 November 2015, EUR/USD

Once again, the market had duped dissapointed our expectations.

The pair resumed its decline, which in fact did not surprise us.

As we mentioned in the previous review, it is possible that the correction took the shape of the plane with the impulse wave [c] of (iv).

At the moment, the downward momentum in this wave is not over, so in the near future we expected a continued drop, followed by reversal of the pair.

Another blende from market

Vasiliy Lukin
FreshForex Analyst
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